Residential Flooring

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LG Hausys America announced that is has officially established its LG Hausys Flooring Division to serve the North American market.

In a sign that the housing market is leading the economy during the coronavirus outbreak, sales of newly built, single-family homes rose to their highest level since the Great Recession.

Couristan, Inc. announced the appointment of Matt Tollison to the position of executive vice president of area rugs for its Residential Division.

Led by solid single-family production, total housing starts increased 17.3 percent in June to a seasonally adjusted annual rate of 1.19 million units.

The COVID-19 pandemic and resulting recession have wreaked havoc on U.S. building markets.

The National Association of Home Builders released its Remodeling Market Index in the second quarter of 2020, posting a reading of 73.

Inspired by the multi-directional lines and imprecise beauty of handwoven textiles, Arabesque adds a layer of texture with a slightly contemporary feel.

Expenditures for improvements and repairs to owner-occupied homes are expected to slow by the middle of next year as the COVID-19 pandemic continues to unfold.

In a strong signal that the housing market is ready to lead a post-COVID economic recovery, builder confidence in the market for newly-built single-family homes jumped 14 points to 72 in July.

The National Association of Home Builders and the National Association of Realtors launched a new joint initiative, Home Performance Counts, designed to help consumers better understand the rapidly growing high-performance home marketplace - homes that prioritize comfort, durability, wellness and affordability.